Real Estate

NAIOP picks Vulcan as top developer

(Note: The previous version of this story incorrectly named the finalists for the awards, not the winners.)

Vulcan Inc. was named the Developer of the Year last week by the Washington State Chapter of the National Association of Industrial and Office Properties.

Vulcan was honored for its ongoing redevelopment of more than 60 acres in the South Lake Union neighborhood. The company's property holdings will allow it to build more than 10 million square feet of office, bioscience, retail and residential space.

The other winners were:

Office Development of the Year

Opus Northwest/Behar Co., co-developers: 401 Broadway

Industrial Development of the Year

Shipwreck Beads: Shipwreck Beads, Lacey

Technology Space (Biotech, High-tech, Flex Tech) Development of the Year